Acquisition History / SiTime Corporation / Renesas Electronics timing (clocks) business
SiTime Corporation Acquires Renesas Electronics timing (clocks) business
Announced February 3, 2026 — $3B
What happened
Renesas Electronics' clocks and timing device business supplies precision timing chips. US chip designer SiTime agreed to buy the segment for about US$3B as Renesas divests non-core units, sources told Nikkei.
- Acquirer
- SiTime Corporation
- Target
- Renesas Electronics timing (clocks) business
- Announced
- February 3, 2026
- Price
- $3B
- Industry
- Semiconductor timing devices
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did SiTime Corporation acquire Renesas Electronics timing (clocks) business?
SiTime Corporation acquired Renesas Electronics timing (clocks) business on February 3, 2026. This was SiTime Corporation's 1st publicly tracked acquisition out of 1 we have on record.
How much did SiTime Corporation pay for Renesas Electronics timing (clocks) business?
SiTime Corporation paid $3B for Renesas Electronics timing (clocks) business.
What does Renesas Electronics timing (clocks) business do?
Renesas Electronics' clocks and timing device business supplies precision timing chips. US chip designer SiTime agreed to buy the segment for about US$3B as Renesas divests non-core units, sources told Nikkei.
What other Semiconductor timing devices companies has SiTime Corporation acquired?
Renesas Electronics timing (clocks) business is SiTime Corporation's only publicly tracked acquisition in Semiconductor timing devices so far.